Top 10 Stocks To Watch Today—18th August

Here are the top 10 stocks which are likely to be in focus today.

TCS

Tata Consultancy Services (TCS) was positioned as a leader in Medical Devices Digital Services by Everest Group on Thursday. "Major medical device companies are reimagining themselves as medtech enterprises by developing innovative products, surgical robots, technology-assisted procedures, and personalized care solutions," said Vikram Karakoti, Business Head, Life Sciences, TCS.

"With the core purpose of enriching patients' lives, our deep domain knowledge, regulatory experience across therapeutic areas, and strategic investments in connected health, software as a medical device, generative AI, medical imaging, and cybersecurity uniquely position us to partner with medical device enterprises in accelerating their digital transformation journey," Vikram Karakoti said.

"Growth in the MedTech industry is strongly tied with the rapid adoption of digital services across the themes of connected medical devices, manufacturing 4.0, supply chain visibility, and omnichannel customer experience. This has enabled MedTech's to unlock not only operational efficiencies across value chain, but also deliver better customer experience for both clinicians and patients," according to Chunky Satija, Vice President, Everest Group.

"TCS' extensive understanding of the MedTech domain backed by its verticalized IP has enabled it to accompany its clients in their innovation journey. Clients laud the value it brings to the table while maintaining a flexible and agile style of working, hence earning it a Leader position in Medical Devices Digital Services PEAK Matrix Assessment 2023," said Chunky Satija.

Adani Green

Mundra Solar Energy Limited ("MSEL"), an associate company of Adani Green has received approval from Solar Energy Corporation of India for a Solar PV Cells and Solar PV Modules manufacturing plant located at Mundra in the state of Gujarat. The plant has a capacity of 2.0 GW per annum. Adani Green Energy Limited holds 26% shares of MSEL through its Wholly-owned Subsidiary Adani Renewable Energy Holding Four Limited.

Axis Bank

The Board of Directors of the bank has approved the appointment of Subrat Mohanty as a whole-time Director, designated as "Executive Director" of the bank for a period of three years, w.e.f. August 17, 2023.

DB Realty

Through open market transactions, Authum Investment and Infrastructure Ltd. acquired a 1.9 percent shareholding in the company on Thursday for Rs 100 crore.

Jain Irrigation

On Thursday, the firm said that it aimed to raise around Rs 200 crore through the preferential allocation of equity share warrants. 1,63,21,607 equity share warrants will probably cost Rs 46.64 per equity share.

SJVN

Punjab Chief Minister Bhagwant Mann said on Thursday that the company has signed two agreements with Punjab State Power Corporation Ltd (PSPCL) to deliver 1,200 MW of solar electricity from its projects.

NTPC

The company signed a contract transferring its coal mining operations to NTPC Mining. It will give NTPC Mining ownership of all six coal mines.

NLC India

The company has entered into a Long Term Power Usage Agreement with Rajasthan Urja Vikas Nigam limited for the supply of 300 MW of Solar Power under the CPSU Scheme in Rajasthan, according to a regulatory filing.

LTI Mindtree

LTI Mindtree has been selected by Aflac Incorporated, a Fortune 500 company and the largest provider of supplemental insurance in the United States, to digitally transform the organization by leveraging the cloud-native services of Amazon Web Services (AWS).

Yes Bank

On Thursday, the bank announced its state-of-the-art mobile banking app, 'iris by YES BANK' which is a comprehensive mobile banking solution, co-created based on customer feedback, according to a regulatory filing.